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Property Description
Unique triplex investment opportunity! Why rent when you can own and have tenants help pay your mortgage? This versatile property features three electrical meters, two gas meters, and separate electrical panels, offering excellent potential for income generation.The main-floor kitchen was updated approximately 10 years ago, and the upper-level unit includes a kitchenette. With the addition of a full kitchen on the second floor, the upper level could function as a fully independent rental unit, creating even greater income potential.Tenants currently pay all utilities, including water, helping to maximize cash flow. The property also features beautiful original hardwood floors, classic leaded-glass windows, and a roof that was replaced approximately 15 years ago.Whether you're an owner-occupant looking to offset your housing costs or an investor seeking strong rental income, this property offers tremendous opportunity. It may also be well-suited for shared housing, room rentals, or other creative investment strategies. Excellent cash-flow potential!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Garage: 2
Heating: Boiler
Lot Size: 0.11 Acres
Roof Type: Age Over 8 Years
Taxes: $10,062
Year Built: 1911
Feature Descriptions
Days on Site: 1
Exterior: Stone
Foundation Size: 1144
Lot: Public Transit (w/in 6 blks), Corner Lot
Lot Dimensions: 40x125
Owners Expense: Taxes
Parcel#: 342923230054
Parking: Detached Garage
Road Frontage: City Street, Curbs, Paved Streets
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas, Heat, Lawn Care, Snow Removal, Trash Collection
Units: 3
Water: City Water/Connected
Local Schools
School District: St. Paul
Listed By / Shown By
Listed By
Agency Name: RE/MAX Results
Agency Phone: 651-735-1350
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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Estimated Payment
$ 2,242.02 per month $1,330.60 Principal & Interest $838.50 Property Tax $72.92 Homeowner's InsuranceChange Payment Information
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1489 Sherburne Avenue | MLS# 7141490
This multi-family property located at 1489 Sherburne Avenue , Saint Paul, MN 55104 is currently listed for sale with an asking price of $250,000. Sherburne Avenue is located within the St. Paul school district. Search Saint Paul real estate on www.counselorrealty.com today.